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Side-by-side financial comparison of Coca-Cola Consolidated, Inc. (COKE) and Fabrinet (FN). Click either name above to swap in a different company.

Coca-Cola Consolidated, Inc. is the larger business by last-quarter revenue ($1.9B vs $1.1B, roughly 1.7× Fabrinet). Fabrinet runs the higher net margin — 9.9% vs 7.2%, a 2.7% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 9.0%). Coca-Cola Consolidated, Inc. produced more free cash flow last quarter ($106.7M vs $-5.3M). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 9.4%).

Coca-Cola Consolidated, Inc., headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States.

Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.

COKE vs FN — Head-to-Head

Bigger by revenue
COKE
COKE
1.7× larger
COKE
$1.9B
$1.1B
FN
Growing faster (revenue YoY)
FN
FN
+26.9% gap
FN
35.9%
9.0%
COKE
Higher net margin
FN
FN
2.7% more per $
FN
9.9%
7.2%
COKE
More free cash flow
COKE
COKE
$112.0M more FCF
COKE
$106.7M
$-5.3M
FN
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
9.4%
COKE

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
COKE
COKE
FN
FN
Revenue
$1.9B
$1.1B
Net Profit
$137.3M
$112.6M
Gross Margin
39.6%
12.2%
Operating Margin
12.7%
10.1%
Net Margin
7.2%
9.9%
Revenue YoY
9.0%
35.9%
Net Profit YoY
-23.3%
30.0%
EPS (diluted)
$3.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COKE
COKE
FN
FN
Q4 25
$1.9B
$1.1B
Q3 25
$1.9B
$978.1M
Q2 25
$1.9B
$909.7M
Q1 25
$1.6B
$871.8M
Q4 24
$1.7B
$833.6M
Q3 24
$1.8B
$804.2M
Q2 24
$1.8B
$753.3M
Q1 24
$1.6B
$731.5M
Net Profit
COKE
COKE
FN
FN
Q4 25
$137.3M
$112.6M
Q3 25
$142.3M
$95.9M
Q2 25
$187.4M
$87.2M
Q1 25
$103.6M
$81.3M
Q4 24
$178.9M
$86.6M
Q3 24
$115.6M
$77.4M
Q2 24
$172.8M
$81.1M
Q1 24
$165.7M
$80.9M
Gross Margin
COKE
COKE
FN
FN
Q4 25
39.6%
12.2%
Q3 25
39.6%
11.9%
Q2 25
40.0%
12.2%
Q1 25
39.7%
11.7%
Q4 24
40.0%
12.1%
Q3 24
39.5%
12.3%
Q2 24
39.9%
12.3%
Q1 24
40.2%
12.4%
Operating Margin
COKE
COKE
FN
FN
Q4 25
12.7%
10.1%
Q3 25
13.1%
9.6%
Q2 25
14.7%
9.8%
Q1 25
12.0%
9.0%
Q4 24
12.5%
9.5%
Q3 24
12.9%
9.6%
Q2 24
14.4%
9.7%
Q1 24
13.5%
9.7%
Net Margin
COKE
COKE
FN
FN
Q4 25
7.2%
9.9%
Q3 25
7.5%
9.8%
Q2 25
10.1%
9.6%
Q1 25
6.6%
9.3%
Q4 24
10.2%
10.4%
Q3 24
6.5%
9.6%
Q2 24
9.6%
10.8%
Q1 24
10.4%
11.1%
EPS (diluted)
COKE
COKE
FN
FN
Q4 25
$3.11
Q3 25
$2.66
Q2 25
$2.41
Q1 25
$2.25
Q4 24
$2.38
Q3 24
$2.13
Q2 24
$2.22
Q1 24
$2.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COKE
COKE
FN
FN
Cash + ST InvestmentsLiquidity on hand
$281.9M
$960.8M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$-739.7M
$2.2B
Total Assets
$4.3B
$3.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COKE
COKE
FN
FN
Q4 25
$281.9M
$960.8M
Q3 25
$1.5B
$968.8M
Q2 25
$1.2B
$934.2M
Q1 25
$1.2B
$950.7M
Q4 24
$1.1B
$934.6M
Q3 24
$1.2B
$908.9M
Q2 24
$1.7B
$858.6M
Q1 24
$401.3M
$794.0M
Total Debt
COKE
COKE
FN
FN
Q4 25
$2.8B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Q1 24
$599.3M
Stockholders' Equity
COKE
COKE
FN
FN
Q4 25
$-739.7M
$2.2B
Q3 25
$1.6B
$2.1B
Q2 25
$1.6B
$2.0B
Q1 25
$1.5B
$1.9B
Q4 24
$1.4B
$1.8B
Q3 24
$1.3B
$1.8B
Q2 24
$1.2B
$1.7B
Q1 24
$1.6B
$1.7B
Total Assets
COKE
COKE
FN
FN
Q4 25
$4.3B
$3.3B
Q3 25
$5.7B
$3.0B
Q2 25
$5.5B
$2.8B
Q1 25
$5.4B
$2.6B
Q4 24
$5.3B
$2.5B
Q3 24
$5.3B
$2.4B
Q2 24
$5.7B
$2.3B
Q1 24
$4.3B
$2.2B
Debt / Equity
COKE
COKE
FN
FN
Q4 25
Q3 25
1.09×
Q2 25
1.10×
Q1 25
1.19×
Q4 24
1.26×
Q3 24
1.39×
Q2 24
1.49×
Q1 24
0.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COKE
COKE
FN
FN
Operating Cash FlowLast quarter
$209.0M
$46.3M
Free Cash FlowOCF − Capex
$106.7M
$-5.3M
FCF MarginFCF / Revenue
5.6%
-0.5%
Capex IntensityCapex / Revenue
5.4%
4.6%
Cash ConversionOCF / Net Profit
1.52×
0.41×
TTM Free Cash FlowTrailing 4 quarters
$619.6M
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COKE
COKE
FN
FN
Q4 25
$209.0M
$46.3M
Q3 25
$316.7M
$102.6M
Q2 25
$208.1M
$55.1M
Q1 25
$198.2M
$74.2M
Q4 24
$168.5M
$115.9M
Q3 24
$270.8M
$83.2M
Q2 24
$242.9M
$83.1M
Q1 24
$194.3M
$100.9M
Free Cash Flow
COKE
COKE
FN
FN
Q4 25
$106.7M
$-5.3M
Q3 25
$264.1M
$57.3M
Q2 25
$148.5M
$4.7M
Q1 25
$100.3M
$45.7M
Q4 24
$84.8M
$94.0M
Q3 24
$142.8M
$62.9M
Q2 24
$160.5M
$70.4M
Q1 24
$117.2M
$87.3M
FCF Margin
COKE
COKE
FN
FN
Q4 25
5.6%
-0.5%
Q3 25
14.0%
5.9%
Q2 25
8.0%
0.5%
Q1 25
6.3%
5.2%
Q4 24
4.9%
11.3%
Q3 24
8.1%
7.8%
Q2 24
8.9%
9.3%
Q1 24
7.4%
11.9%
Capex Intensity
COKE
COKE
FN
FN
Q4 25
5.4%
4.6%
Q3 25
2.8%
4.6%
Q2 25
3.2%
5.5%
Q1 25
6.2%
3.3%
Q4 24
4.8%
2.6%
Q3 24
7.2%
2.5%
Q2 24
4.6%
1.7%
Q1 24
4.8%
1.9%
Cash Conversion
COKE
COKE
FN
FN
Q4 25
1.52×
0.41×
Q3 25
2.22×
1.07×
Q2 25
1.11×
0.63×
Q1 25
1.91×
0.91×
Q4 24
0.94×
1.34×
Q3 24
2.34×
1.07×
Q2 24
1.41×
1.02×
Q1 24
1.17×
1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COKE
COKE

Transferred At Point In Time$1.9B99%
Transferred Over Time$15.1M1%

FN
FN

Optical Communications$832.6M73%
Non Optical Communications$300.3M27%

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